Eileen Gittins’ moonshot is to create the world’s largest pipeline of young female entrepreneurs. The Silicon Valley serial entrepreneur has lead three VC-backed companies as CEO, including growing the self-publishing platform Blurb to $70mm+. Now with Bossygrl, Eileen is helping young women learn entrepreneurial skills and start businesses. We talk about raising venture capital, and how to overcome challenges for women in business.
What stops women from succeeding in business?
Women are opening businesses in record numbers, and even teenage girls are hanging on every word of Shark Tank.
Yet only 3% make it to $1mm+ in revenues – and at the same time female founders of potentially highly scalable and innovative businesses get only 2-3% of the available venture capital. Some $58 billion dollars went to founding teams that are 100% male. But only $1.4 billion went to women-led teams.
Eileen Gittins wants to change all that.
She’s onto startup number 4, with a moonshot to create the world’s largest pipeline of female entrepreneurs.
Her app is called Bossygrl and it helps girls aged 13-18 create and run their own businesses.
We talk about raising venture capital, what it takes to scale a company from startup to $70m+ as she did with Blurb, and when to know when to startup all over again.
Learn on this episode:
- How to ask for what you want – and why you don’t need to ask first for permission
- Accept the fact you’re worth it and remember everyone else in the room is suffering from the same self-doubts
- Why everything’s possible – the barriers to entry are lower than ever, and the automated tools out there are cheap.
- How to build a great team without an office or much of a budget.
- How to get your elevator pitch right and articulate exactly what your product does for whom, whom it benefits and how big your market is, and how you’re going to reach and convert them: You have to “be able to say it in your sleep”.
- Why it’s vital to help women!
More about Eileen here
Read the full transcript here
How to Find Eileen on Social Media:
Like and Follow WINGS!
- https://twitter.com/MelindaWings https://instagram.com/melindawittstock2020
Our Sponsors and Special Offers
New Media Summit
Want to get booked as a guest on 40 podcasts FAST? Join Melinda and 40 Icons of Influence this September 11-13th in Austin TX for the New Media Summit. Icons are looking for guests just like YOU for their podcasts and will book you on the spot! You’ll get the visibility you and your business deserve and learn today's top tactics, shortcuts and strategies for leveraging (and monetizing!) the power of new media. You'll have the rare opportunity to take center stage and PITCH EVERYONE in attendance and leave with bookings in hand. Details at https://newmediasummit.net/Melinda
Next Big Step
Are you ready to take “The Next Big Step” in your life right now? Are You open to identifying and shifting any hidden blocks keeping you stuck? Then immerse yourself in “The Next Big Step” – an intensive weekend with my good friend JJ Flizanes. Align your mind, body and soul in this intensive weekend that focuses on every aspect of YOU – you can have the shift you desire. Check it out here at jjflizanes.com/nextbigstep – and tell JJ you heard about it on Wings!
Zero Limits Ventures
How much is your company worth? Want to find out how to boost your valuation? Claim your FREE consult call with ZLV Founder and Principle Steve Little for your valuation enhancement and capital acquisition strategy.
Listeners of Wings can get a FREE audiobook download and 30 day free trial at www.audibletrial.com/WingsPodcast – with more than 180,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. Start your free trial now!
Wings of Success Summit
Grab your WINGS! Get the teachings of 55 top entrepreneurs at https://wingssummit.com/access – with more than 70 hours of video and audio downloads, bonus content plus access to an exclusive private Mastermind. It’s your “entrepreneurial MBA”!
Find out if you and your company qualify for this Accelerator for Female Founders – in media tech, fashion tech, life sciences and more!
https://sb.com Check it out!
If you liked this episode...
Then you will love these!
Warning: The account for melindawittstock2020 needs to be reconnected.
Due to Instagram platform changes on March 2, 2020, this Instagram account needs to be reconnected to allow the feed to continue updating. Reconnect on plugin Settings page